Tag: oil

The Central Bank of Libya (CBL) announced that the country’s total public revenues for the past year reached 123.5 billion ...

The Arab Monetary Fund has released its "Arab Economic Outlook 2024" report, revealing significant financial improvements in Libya. The country’s ...

Repsol, the Spanish energy giant, has resumed its exploration activities in the Murzuq Basin, marking the end of a 10-year ...

The National Oil Corporation (NOC) has closed 2024 on a high note, celebrating remarkable achievements amidst the extraordinary challenges faced ...

Libya’s economy experienced dramatic fluctuations in 2024, with political conflicts and institutional crises heavily influencing the nation’s economic trajectory. Oil ...

Throughout 2024, Libya witnessed numerous political disputes that exacerbated its crisis and deepened divisions among its institutions, further negatively impacting ...

The National Oil Corporation (NOC) of Libya and Algeria’s Sonatrach have commenced joint committee meetings in Tripoli. The discussions, held ...

The World Bank has reported that Libya’s fuel smuggling problem incurs losses of at least $5 billion annually. The issue ...

Libyan Oil Minister of the Government of National Unity, Khalifa Abdulsadiq, participated in the 113th ministerial meeting of the Organisation ...

The National Oil Corporation (NOC) has announced a state of force majeure and declared a Level 3 emergency at the ...